Ken Fisher Fisher Asset Management
Ken Fisher is the founder and executive chairman of Fisher Investments, a global money management firm overseeing billions of dollars in assets. He gained early recognition for pioneering the use of the price-to-sales ratio in stock analysis and wrote the long-running “Portfolio Strategy” column in Forbes. Over the years, Fisher has authored numerous books on investing and wealth management, many of which have become bestsellers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.4M |
| 2 |
Chemed
CHE
|
+$53.8M |
| 3 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$53.1M |
| 4 |
Petrobras
PBR
|
+$52.7M |
| 5 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$34.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FMER
FIRSTMERIT CORP
FMER
|
+$58.7M |
| 2 |
FBG
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
|
+$38.2M |
| 3 |
PL
PROTECTIVE LIFE CORP
PL
|
+$37.8M |
| 4 |
Sally Beauty Holdings
SBH
|
+$36.2M |
| 5 |
TSMC
TSM
|
+$35.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.26% |
| 2 | Healthcare | 14.53% |
| 3 | Technology | 12.41% |
| 4 | Industrials | 7.4% |
| 5 | Consumer Discretionary | 6.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Smith & Nephew
SNN
$13.6B
| $81.9M | 0.17% |
2,432,883
-970,680
| -29% | -$33.9M |
|
|
JAH
77
DELISTED
JARDEN CORPORATION
JAH
| $81.7M | 0.17% |
2,039,163
-12,818
| -0.6% | -$502K |
|
78
Gilead Sciences
GILD
$163B
| $81.3M | 0.17% |
763,423
-212,060
| -22% | -$20.8M |
|
79
NCR Voyix
VYX
$1.12B
| $80.8M | 0.17% |
3,940,104
-836,428
| -18% | -$17M |
|
80
Webster Financial
WBS
$12.5B
| $80.7M | 0.17% |
2,768,040
-9,499
| -0.3% | -$282K |
|
|
KATE
81
DELISTED
Kate Spade & Company
KATE
| $78.1M | 0.17% |
2,976,616
-48,312
| -2% | -$1.66M |
|
|
RYL
82
DELISTED
RYLAND GROUP INC
RYL
| $77.4M | 0.17% |
2,328,069
-30,635
| -1% | -$1.11M |
|
83
Veeco
VECO
$2.95B
| $75.1M | 0.16% |
2,149,221
-1,505
| -0.1% | -$52.9K |
|
84
Lincoln Electric
LECO
$13.7B
| $73.9M | 0.16% |
1,069,460
+3,145
| +0.3% | +$219K |
|
|
WMGI
85
DELISTED
Wright Medical Group Inc
WMGI
| $71.8M | 0.15% |
2,371,254
-18,045
| -0.8% | -$556K |
|
86
Perrigo
PRGO
$1.43B
| $71.7M | 0.15% |
477,504
-8,722
| -2% | -$1.3M |
|
87
Boston Beer
SAM
$1.93B
| $71.3M | 0.15% |
321,527
-4,345
| -1% | -$972K |
|
88
Canadian National Railway
CNI
$76.9B
| $70.9M | 0.15% |
999,554
-127,556
| -11% | -$8.84M |
|
|
CAB
89
DELISTED
Cabela's Inc
CAB
| $70.9M | 0.15% |
1,203,229
-472,308
| -28% | -$28.3M |
|
|
HRC
90
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $70.4M | 0.15% |
1,698,707
-8,177
| -0.5% | -$343K |
|
|
FNSR
91
DELISTED
Finisar Corp
FNSR
| $70.3M | 0.15% |
4,226,833
+18,434
| +0.4% | +$356K |
|
92
Televisa
TV
$1.52B
| $69.1M | 0.15% |
2,040,041
+196,227
| +11% | +$6.98M |
|
|
FEIC
93
DELISTED
FEI COMPANY
FEIC
| $68.6M | 0.15% |
909,858
-8,183
| -0.9% | -$688K |
|
94
HUB Group
HUBG
$2.78B
| $68.2M | 0.15% |
3,363,414
+400,420
| +14% | +$9.12M |
|
|
BID
95
DELISTED
Sotheby's
BID
| $68.1M | 0.15% |
1,907,663
-35,105
| -2% | -$1.38M |
|
|
AEL
96
DELISTED
American Equity Investment Life Holding Company
AEL
| $67.4M | 0.14% |
2,944,905
-2,615
| -0.1% | -$61.6K |
|
|
CADE
97
DELISTED
Cadence Bank
CADE
| $66.6M | 0.14% |
3,305,028
+21,980
| +0.7% | +$477K |
|
98
ASML
ASML
$634B
| $65.3M | 0.14% |
661,207
-3,935
| -0.6% | -$370K |
|
|
JNS
99
DELISTED
Janus Capital Group Inc
JNS
| $64.7M | 0.14% |
4,452,211
-1,806,350
| -29% | -$21.9M |
|
100
Wintrust Financial
WTFC
$10.8B
| $63.9M | 0.14% |
1,431,188
+2,890
| +0.2% | +$134K |
|
Similar funds
Ken Fisher's Q3 2014 Portfolio in Review
As of Q3 2014, Ken Fisher held 645 positions worth $46.9B, down 1.4% from $47.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2014 filing shows 47 new, 202 increased, 264 reduced and 61 closed positions. Its largest new stake was Chemed: 530,910 shares worth $54.6M. The largest sale was FIRSTMERIT CORP, an estimated $58.7M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2014 buy was Chemed: 530,910 shares worth $54.6M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q3 2014, an estimated $56.4M increase.
- Ken Fisher's biggest Q3 2014 reduction was FIRSTMERIT CORP, cutting an estimated $58.7M.
- Ken Fisher fully exited PROTECTIVE LIFE CORP in Q3 2014, selling an estimated $37.8M.
- Ken Fisher's ten largest holdings make up 22% of its $46.9B portfolio in Q3 2014.
- Ken Fisher opened 47 new positions and closed 61 in Q3 2014.
- Ken Fisher's portfolio value fell 1.4% quarter-over-quarter to $46.9B.
Based on Fisher Asset Management's 13F filing for Q3 2014, filed 20 Oct 2014.